Question 3 Not yet Modern Designs has net income of $310,000. The firm has decided to pay $180,000 of that income out to the shareholders, what is the firm's retention ratio? answered Marked out of 1.00 Flag question a. 0.42 b. 0.45 c.0.40 d. 0.47 Question 4 Not yet The model used to value a stock which has a short-term growth rate that varies from its long-term growth rate is called the dividend growth model answered Marked out of 100 Flag question a. stepped up b. Increasing c. flexible d. two-stage